Tax dept extends audit report due under section 119 for assessees under section 139(1) Explanation 2(a) to 31 Oct 2025

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The tax authority, exercising powers under section 119 of the Income-tax Act, 1961, has extended the specified date for furnishing audit reports for Financial Year 2024-25 (Assessment Year 2025-26) by assessees covered by clause (a) of Explanation 2 to sub-section (1) of section 139 from 30 September 2025 to 31 October 2025.....